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, this is the journal. >> here's a look at what's coming up. >> the u.s. heading towards its fiscal cliff. the president reaching out to congress. >> the german parliament passes a disputed child care benefit. >> the day of the wall came down. evens that changed everything. >> in less than two months, the u.s. will enter the perfect economic storm known as the fiscal cliff. a combination of tax increases and budget cuts could send the united states back into recession. >> barack obama back at work after his election reached out with republicans today saying he wants to reach a solution but only f the ridges are asked to give more. >> i'm open to compromise. i'm open to new ideas. i'm committed to solving our fiscal challenge, but i refuse to accept any approach that is not balanced. i'm not going to ask students and seniors, middle-class families, to pay down the entire deficit while people like me, making over $250,000, are not asked to pay one dime more in taxes. i'm not going to do that. "the very clear word from the newly elected president. what do you think? you have the president inviting congress
hands a defeat to prime minister david cameron over eu funding. >> as the u.s. northeast picks up the pieces after sandy, barack obama hits the campaign trail again. >> bayern-munich rocked to victory. >> the chris parliament has made it clear the budget for the european union must be reduced. >> members of parliament delivered an embarrassing defeat to prime minister david cameron late on wednesday in what the press there is calling kamins fright night. >> cameron has been calling for an eu budget freeze, but members of his own conservative party revolted, demanding brussels trim its spending. >> we have more now on the vote and the fallout beginning in london. >> when the vote was read out, it was a stunning defeat for the government. the opposition labor party is rubbing its hands in glee. 53 of david cameron is -- cameron's own party refused to toe the line, pushing through the amendment. kamen wants to freeze the eu budget over the next seven years, but these skeptics say a freeze does not go far enough. they want to see cuts in real terms. opposition labour is supporting the
>> hi, everyone. welcome to the "journal" coming to you live from dw in berlin. the u.s. president defies a fragile economy and high unemployment to win the election, telling the american people the best is yet to come. >> appeals from angela merkel to her european partners -- an end to the eurozone debt crisis will require more unity. >> and a parliamentary vote on another round of austerity cuts in greece. >> thanks for joining us. barack obama has won his second term in office as president of the united states, but his celebrations will be short-lived as the multitude of urgent issues on his desk draws him back to work without delay. >> the first order of business will be to negotiate a new budget deal in congress by the end of the year. otherwise, and harsh plan of spending cuts and tax increases are due to go into effect. we will hear more about that later on in the show, but first, a look back at how things play out on election night in the u.s. >> his face said it all -- president barack obama had to fight hard to keep his job in a tough race against his republican challenge
under way across the u.s. as americans decide who will lead the country for the next four years. after vigorous campaigning right to the last minute and aggressive advertising that made it the most expensive campaign of all time, president barack obama and his challenger mitt romney both into the election day confident of victory. >> but most election polls say the race for the white house is too close to call, meaning the result will be decided in a small number of so-called swing states by florida, ohio, virginia, and new hampshire, which was the first to vote on the stroke of midnight. >> voting began early in this part of new hampshire. the first ballot such traditionally cast here at midnight, and after the first 10 were tallied, it was a drop -- draw. >> for president -- this has never happened before -- we have a tie. five votes each. >> of voting in dick's bill has never been a gauge for the rest of the nation, but this year, polls show the race is a dead heat -- voting in dixville has never been engaged for the rest of the nation. >> after all the months of campaigning, after
by the international energy agency comes as new technologies opens up huge oil reserves underground. the iea said u.s. oil output will surpass that of saudi arabia and other countries by 2017. the u.s. has established technology to extract shale oil from hard rock layers thousands of meters below the ground. commercial production has already begun. the agency says the u.s. will be nearly self-sufficient by 2035. that's due to an expected surge in the production of shale gas, a type of natural gas also trapped in underground rock. america currently relies on imports for 20% of energy needs. once the u.s. achieves successful sufficiency in energy, it may start showing less interest in oil producing regions including the middle east. >>> let's check on the markets. the u.s. markets changed little overnight. trading volume was low as other markets as long as the u.s. bonds market was closed for veterans day. and to see how stocks in japan are doing, we go to ramin mellegard at the tokyo stock exchange. how are things kicking off over there? >> good morning to you. yes, indeed. still a bit of hesitation i
obama becomes a first- inning president to visit burma. but >> lewis hamilton wins the u.s. grand prix. >> ban ki moon has arrived in cairo in support of the cease- fire between israel and hamas. >> the exiled leader of hamas says they must take the first up a bit want the truce in israel. they will consider a cease-fire in israel and their attacks and the siege of gaza. >> israel has bombed building and at least 90 people have been killed and some 700 wounded since the air strikes began. >> the bombardment of gaza continues. israeli defense forces are picking targets they say it are connected to palestinian militants. the billionaire also among the latest casualties. across the border in israel, ground troops are massing in preparations for a possible invasion. israel has no mobilize and 40,000 reservists. elsewhere, diplomats are attempting to broker a ceasefire. in jerusalem, middle east peace envoy tony blair met with perez to stop the rocket attacks. >> it is clear we do not have any ambition to gain an advantage but we just want to stop the fire. >> more than 1000 rockets have be
of international efforts to mediate a truce between israel and hamas. u.s. secretary general ban ki moon is lending his support. >> my message is clear. all sides must avoid fire. further escalating the situation will put the entire region at risk. >> our leaders, he traveled to jerusalem with talks -- to talk with benjamin netanyahu. he condemned the attacks and the loss of civilian lives in gaza. netanyahu reiterated that they would be willing to are dissipate in a ceasefire but only if hamas immediately sees as the rocket attacks. >> the long-term solution to be put in place through diplomatic means and israel then would be a willing partner to such a solution, but if kroger military action through the necessary to stop the constant barrage of rockets, israel will not hesitate to do what is necessary to defend our people. >> there are signs that diplomatic efforts may be bearing fruit and mediators iran optimistic that a deal can be made to avert an israeli ground offensive. >> -- mediator's remained optimistic. >> what is the reaction to reports of a ceasefire? >> people don't really believe it
. they also warned of the u.s. fiscal cliff. fiscal austerity is expected to increase. the finance chiefs cautioned extreme belt tightening could trigger a further slowdown. they point to the failure so far for debt covering bonds. they have decided to present reliable reconstruction plans for 2016 and beyond. called for growth strategies along with fiscal reform. they urge nations in fiscal good standing to step up to stimulate growth. now, it's not only the financial leaders who are worried about the slowdown. yuko fukushima joins us from the desk. how are investors feeling these days? >> good morning. understandably many of them are nervous. and they're hoping to get some clues from the u.s. presidential election. this is because investors on wall street are also feeling the downside risks of the economy. especially with the so-called fiscal cliff. right now they're staying on the sidelines through the election. new york markets ended slightly higher. the dow jones up by .15% and closed at 13,112. we'll have to see how stocks here in japan are trading this tuesday morning. we go to ram
>> welcome to the "journal" from dw in berlin. >> coming up -- syrian rebels face a u.s. probe for alleged war crimes after a video appears to show mass executions of prisoners. >> president barack obama and republican challenger mitt romney go back on the attack in the final stages of the election battle. >> and seeking clarity -- german chancellor angel merkel on how to develop renewable energy. we begin in syria where the military is currently stepping up its use of airpower in an effort to defeat the rebels. >> opposition forces say at least 70 people have been killed in an air strike near the turkish border. meanwhile, a video emerges of what appears to be opposition fighters executing government soldiers. >> the un says that if the video is authenticated, the action would constitute a war crime. >> as their prisoners cower in terror, rebels celebrate. this video is said to of been recorded in northwestern syria. government forces and rebels have been fighting there for weeks. on thursday, rebels stormed several army checkpoints. they appear to have captured these governme
wco t the "journal fm dw ibein omg u -- syrianebel face a u.s. pbeorlled rris after a video appears to sw ms ecio o prons. >> president barack oma a reblanhaenr tt mn g bk t attack in thein sge othleio bale >> and seeking clarity --ern chancellor angel merkeln w to develop renewable energy. weeg i sia wrehe lirys currently stepping up its use of airpower in an fort t deft t rebel >> opposition forces s a let pplha bnild an air strike near the turkish border. anwhile, aideo emerg of what appears te poti fite executing government soldiers. >> the un says atf the vide is autnticated, the action would constitute a war crime. >> as their prisoners cower in terror, rebels celebrate. this video is said to of been coed in northwestern syria. governmentorces and rebels have been fighti there for weeks. on thursy, rebstoed several army checkpoints. they appear to haveapred these government soldiers. in the video, rebels yell, "you are assad's dogs" at their captives, and then they prayed. after tt, the fired rnd afte round, killing at least 10 of those prisoners. the united nations is tryin
for maritime interests. u.s. president barack obama will hold talks with japan's prime minister yoshihiko noda and chinese premier wen. aimed at addressing strained relations over claims to the senekaku islands. the president is expected to stress any differences should be peacefully resolved according to international law. >>> now, japan's prime minister has praised myanmar's rapid reforms. and he's offered the country a development loan worth $600 million. yoshihiko noda met thein sein on the sidelines of the summit. myanmar has made steady progress on political reform. he promises to support the economic development. japan's public and private sectors will back reform efforts. it will be the first yen loan in almost 26 years. myanmar's leaders will use it to refurbish a thermal power plant in yangon. japan's government will extend the loans in february next year at the earliest. myanmar's to foreign investors. >>> letting out a small sigh of relief. trade agreement. joins us from the business desk. what's the story here? >> as you know, political tensions have tied up in parts of east asia.
minister and the u.s. secretary of state. the truce calls for an immediate halt to the fighting and reportedly aims to work towards a longer-term solution as well. >> the latest escalation in violence began just over a week ago. since then, some 140 palestinians and five israelis have been killed in air strikes and rocket attacks. >> we will be trying to go live to cairo and also to gauze in a moment, but first, let's get back to evens earlier in it -- earlier in the day that threatens to derail the talks -- we will be trying to go live to cairo and also to gaza in a moment. >> panic on the streets of televisa. ambulances rushed to the scene of the explosion. -- panic on the streets of tel aviv. the bus was burned out but not torn apart, suggesting it may have been a relatively small bomb. israel is calling this a terrorist attack. >> hamas is a murderous organization, an organization that calls for israel's destruction. anyone who negotiates with them and the prime minister's holding talks with the americans, should know who sits there in gaza, and the need to hit them in those
recognition of a palestinian state today, despite strong u.s. and israeli opposition. >> in europe is also divided on the move. a majority of the 27-nation european union including france and spain, is expected to back the palestinians. germany, on the other hand, said it would abstain, and britain is expected to do so as well. >> hundreds of palestinian flags flying in support of statehood. people await the outcome of the united nations vote with bated breath. many have been waiting for this for a long time. recognition of a palestinian state by the united nations. >> today is a very important day for the palestinian people. we are excited. we are happy. we think the international community will not be disappointed at this time. i hope. >> palestinians are pushing to have their united nations status of credit to that of a so- called non member observer state, which does not include voting rights but brings with it the symbolic recognition of statehood. it would also mean the possibility of access to the international criminal court in the hague, but israel says the proposed resolution doe
. >> the final campaign day for the u.s. president and his neck- and-neck rival. a last-minute scramble for votes. >> the syrian regime steps up its campaign of violence as the oposition struggles to unite. >> argentina is on a roll. citizens of buenos artists discovered the joys of riding a bicycle. >> they have been battling it out for the past 18 months. spent of billions of dollars of their campaigns and the still the polls show that the u.s. presidential election is too close to call. both presidential -- both president obama and his republican challenger on the final stance of the campaign, promising to get the country out of its economic slump. >> the election could come down to a handful of battle-ground states. making final pitches to u.s. voters. >> mitt romney began his last day of campaigning in stamford, florida. in 2008, florida voted for obama. but he hasn't kept his promises, says romney. unemployment and the national debt are higher than ever before. >> one day away from the first day of a new beginning. my conviction of better days are ahead. it is not based on promises or rheto
for an economic nightmare. unless u.s. lawmakers reach a budget deal in january 1, a raft of temporary tax cuts are due to expire, and spending cuts will take effect. >> that means the u.s. is charging full speed at the fiscal cliff. the dramatic fiscal tightening triggered by this press this could tip the u.s. and possibly the whole global economy into recession. here is more. >> precision craftsmanship, made in the usa the marlon still company in baltimore produces wire baskets for the automobile, defense, and medical industries. it is one of the fastest-growing companies in the u.s. the company president wants to keep it that way, but at the moment, he is holding off on further investments. >> this robot is a good quality robot. phowever, we want to buy the brand-new version that is made in germany. we are pausing right now because of the fiscal cliff. there is so much uncertainty about what will happen in the future. we are not pulling the trigger to by the german robot. >> the prospect of falling off the fiscal cliff frightens more than just greenblatt. numerous business owners across the
authority president is in the united states where he met the u.s. assistant secretary of state. the u.s. says it will vote against upgrading the palestinians from an observer entity to an observer state in the united nations. >> in syria, 34 people have been reported killed in a double car bombing in. reports indicate a suicide bomber blew up his vehicle shortly after a bomb went off. the attacks targeted a town loyal to president assad's government. meanwhile, an unconfirmed report says rebels in aleppo in the north shot down a fighter jet and captured its pilot. egypt pose a political crisis is deepening. clashes erupted in cairo between police and protesters who have been occupying central tahrir square. >> they about to stay put until president morsi withdraws from power. >> he insists that his decree is necessary for national security and is only temporary. >> police used tear gas to try to disperse the crowds, but the morning after mass protests, many demonstrators vowed to stay put. critics feel cheated. they say the president's decrees go against the spirit of egypt's revolution
countries have kicked off negotiations on a huge solar energy project in the sahara desert. u.s. president barack obama has arrived in new jersey to tour the devastation left in the wake of super storm sandy. >> obama was joined by new jersey governor chris christie, who is republican, but christie has praised the way the president has handled the crisis. they viewed storm damage by helicopter. obama will also be meeting with residents and emergency workers. >> cleanup work is in full swing on the east coast after sandy flooded cities, washed out bridges, and caused billions of dollars in damage. >> but new york city is making it clear it is back in business. mayor michael bloomberg rate in the opening bell at the new york stock exchange, which was closed for two days. >> the storm killed over 40 people on the east coast and caused unprecedented damage. >> life is slowly returning to normal in new york. on wall street, major stock their first two-day closure ine- over a century. emergency generators provided the power. most of lower manhattan is still in the dark. an unusual event in the c
an equitable distribution arm. rights groups have criticized that all the candidates gain without a vote. the u.s. is expected to become the world's largest oil producer by the end of the decade. they will temporarily overtake banks to increase output by new exploration technologies. >> this comes from the iaea which released the world energy outlook 2012 on monday. the iaea predict greater oil and natural gas production, as well as rising energy efficiency, will allow the u.s. to become nearly self-sufficient by the year 200035. itself-- 2035. >> foreign imports are still 35 %. according to the iaea, by 2017, teh u.s. will over take saudi arabia. new methods for extracting oil and a shell gas reserves will be responsible for the turnaround. -- oil and shale gas are r esponsible. energy is in many industrial nations will fall slightly. it is a different story in china, india, and the middle east were declines will move sharply over the next decade. the international agency -- energy agency believes many will be shipped to asia in the future radically changing the map of global energy flows. >> an
unfounded. also, the information stored on servers in the u.s., which opposes legal problems. can it then be used as evidence in german courts? public opinion is divided. >> our privacy keeps shrinking. i do not like it. >> if they are using it as a tool to solve crimes, sure, why not? >> the lower saxony police have found an effective way to use this book is to post links on it to their german-based site, which contains pictures and detailed descriptions. it is a legal work around that could become a national blueprint for digital crime solving. >> christie's has recorded the most successful sale of contemporary art ever, taking in more than $400 million. >> many buyers are increasingly seeing art as a safe investment now. a large-scale sculptures sold for $33.7 million, the highest -- second-highest price ever achieved at an auction by a living artist. coming up after the break, we will be taking a look at china's new leadership. do not go away. >> stick around. >> welcome back. he's just become one of the most powerful men in the world. >> today in beijing, he was named the gen
that expectation that this conference ought to be "realistic." he pointed out that with the u.s. presidential election and the change in leadership in china, it is hard to predict how the two biggest polluters, how much pressure will be coming from them for an agreement. furthermore, the opinion is no longer playing the leading role that it once said they wanted to. the german government itself is also divided. the economics minister is worried about the impact of potential climate regulation on business. all in all, the political landscape does not suggest there will be a huge breakthrough. >> is it fair to say the climate concerns have taken a back seat to economic concerns? >> that was the case during the economic downturn. the euro crisis tends to touch people more directly than a climate change. i think there is some complacency in europe. people feel europe has met their climb at target and they have done their homework. other countries need to do more. greenpeace says it is time for europe, and germany in particular, to take the lead by being more ambitious. >> simon, thank you. >> the
staff both in germany and% abroad. data to the u.s. now, where revelations have emerged in the scandal that caused the downfall of the head of the cia, general david petraeus -- >> to the u.s. now, where revelations have emerged in the scandal that caused the downfall of the head of the cia. >> general john allen is alleged to have had inappropriately to one of the women involved in the scandal. >> he was due to become nato's supreme commander in europe, but that appointment is now on hold. meanwhile, even more details of the scandal concerning general petraeus are coming to light. >> former cia head david petraeus said the affair lasted from december 2011 until four months ago. paula broadwell co-offset a biography on petraeus and made multiple trips to afghanistan -- co-authored a biography on petraeus. investigators are reported to have found that she had access to sensitive documents about afghanistan. agents searched her family home in north carolina on monday night. but there is another high-level figure involved. the pentagon is now investigating general john palin, the palinisa
. that is the same as the vatican. >> only a handful of countries voted against the move, including the u.s. and israel. both threaten to sanction palestinian request. israel today announced the construction of 3000 more settler homes in response. >> many hope it will be for step toward independence and true statehood. >> life remains the same in the palestinian territories, but many say the united nations vote has given them a new outlook. >> it is a beautiful feeling. there's hope that our children will grow up in an independent nation with its own voice, and that is a feeling that is hard to describe it. >> the decision came after a powerful appeal by the palestinian authority president in new york. >> the general assembly is called upon today to issue a birth certificate of the reality of the state of palestine. >> 138 generally assembly -- general assembly members voted in favor of upgrading palestine to the status of nonmember observers say. israel opposed the status change, saying the resolution will not help further the peace process. >> the truth is nothing will change if they cont
e will allow the u.s. to becomesue year 200035. se-- 2035. >>orgn imports are 3 accordin theae by 2017, u.il ori aria ne mho f erain oil and a shell sesvewi beesnsleorhe rnou. -- oil a gre poib. energy is in mndtrl tis llal sghy. it i aifre sryn eae cles wl meand the m sharply over the xtece. the international agency -- energeyelvemail be spped to asia in theute dillchgihe map o global energy flows. >> and no major plunge for the daxod. we on this report fmhe anurstk chgen at movintoy. >> to 0.7%, the gmastk de ltn e pvis week, so maybe it is already good ns tt d n inevitably plunged further on e rstrindaf is ek political issues like greec eisl ifn the united states, kpi iesrs xis darngeason is about to come to an e i gean so far, very few mag t suriitthr earnings and many doubt whetherheutok mi in will manage to change the trend. l'av aloser loo at some of the market numbers. thax ending justlitlup 78. euroox0 down. theowonp a bit to 1235 theus adg a $1.2710. >> we seem to having se chnical dficulties. l's tn to some japanese stocks. they have taken de closing almost one o d
with its strongest rivals such as u.s. giant general electric. damascenes missed its earnings target by a wide margin and got beaten by rivals in the number of sectors. management now plans a sweeping reform to get the company back on track. it plans to beef up core activities and sell off unprofitable units. the effect of the workforce is uncertain. >> on to the day's market action. after starting off in positive territory, european shares slipped back in afternoon trading. our correspondence sent the summary of the thursday trading session in frankfurt. and investors really liked what siemens had to say, applauding efforts to generate more profits by accelerating the efforts to save costs. it was one of the top gainers of the day, and it also supported the move in the general market for a long time. also helping that mood, the greek parliament said yes to a hard austerity program that is difficult for the population but that will bring savings of up to 13.5 billion euros. investors liked that. the mood changed, though, to the - when the ecb came through, the european central bank,
and drug use. he could face the death penalty. >> united nations has reviewed it demand for the u.s. to lift its embargo on cuba. the general assembly voted overwhelmingly to adopt a non- binding resolution calling for united nations members to consider the embargo illegal. only the u.s., israel, and an island state voted against. >> rome has been put on alert as the flooding has now reached the country's capital. >> meanwhile, people are beginning to clean up. the extent of the damage from the record flooding is becoming apparent. >> there was no rain on wednesday in central italy, but that was a small consolation to those affected by damage from the flooding. some areas in the region have not seen flooding is bad for 200 years. but back then, the river valleys were not built up. >> i have never seen anything like it. completely unexpected. it is breaking us. >> the regional governor of tuscany has blamed climate change for the catastrophe and said the flooding could get worse in the future. farmers are worried that crops could fail. the tiber valley has been particularly hard hit.
oil spill ever in the u.s. some business owners and residents are still feeling the impact from the disaster. >> these images were broadcast around the world, a seemingly unending oil spill off the gulf coast in america. >> light 35%-40% less business. "they have accused bp of acting with negligence which is why the u.s. departments of justice have made it clear more trials may follow. >> today's resolution does not -- it does not -- marked the end of our efforts. the criminal investigation remains on going. >> on top of criminal cases, but civil lawsuits and other claims. under the clean water act, bp could be fined up to 16 billion euro which would harm their finances even further. bp stock prices never fully recovered after the disaster. today, shares are about one- third less than their value before this bill. >> is bp remained at these levels, it becomes a takeover target or a breakup story. either the stock will move up organic we are it will be taken out by a company that is competitive. >> the next big risk is not as losing money but it could determine the very future of
and the u.s. >> let's get a closer look at those market numbers for you now. we stick in frankfurt where germany's benchmark dax rounding out friday with a perfect week in the green every single day. it was the best week of the year here in europe. euro stoxx 50 also higher. the dow jones got a boost from shoppers going to stores after thanksgiving. and the euro is currently higher. >> survivors of super storm sandy that battered the east coast earlier this month spent this thanksgiving with an extra portion of gratitude, despite the ongoing lack of power and basic services and the threats posed by looters and gangs. >> we visited an ever had in new jersey where many are still picking up the pieces. we discover that along with strong faith in the future, people are under no misapprehensions. they know it will take years to rebuild. >> jim does not give up easily. his neighbors fled when superstore and sandy carroll toward the coast of new jersey. he barricaded himself inside his seaside park home as the hurricane howled outside. >> all of a sudden, the wind picked up like crazy. the wind
attending. the president called for high income workers in the u.s. to pay more in taxes. >> i think we're all aware that we have some urgent business to do. we've got to make sure that taxes don't go up on middle class families, that our economy remains strong, that we're creating jobs. >> the republican speaker of the house of representatives asked for a balanced approach. republicans have been called for added revenue through curbs on tax deductions and credits. >> i believe that the framework that i've outlined in our meeting today is consistent with the president's call for a fair and balanced approach. >> any new legislation must be enacted before the end of december to keep the u.s. from plunging off that fiscal cliff. >>> senior diplomats from japan and north korea wrapped up a round of talks in mongolia and have reported some progress. the north koreans also say they're open to talking about their country's abductions of nationals. they don't seem to go farther until japan has a new government. negotiators held two days of level walking level talks. they agreed to repatriate --
>>> welcome to "newsline." u.s. president barack obama says it's he time to bget back to wok on the economy. he says they can start by going along with his plan to extend tax breaks for the middle class. obama used the first speech since re-election to outline his plan to cut the federal deficit. he said he wants to raise taxes on the rich and says the majority of americans agree with his approach. >> nobody, not republicans, not democrats, want taxes to go up for folks making under $250,000 a year. so leept's not wait. even as we negotiate a broader deficit reduction package, let's extend the middle class tax cuts right now. >> obama is open to compromise and new ideas and he'll invite john boehner to the white house next week to look for common ground. boehner said higher taxes just for the wealthy are unacceptable. still, republicans and democrats agree on the need to aavoid a so-called fiscal cliff. attention is now focused on whether they can narrow their differences on higher taxes for the rich. >>> top officials from across china are mapping out where the country will
Search Results 0 to 46 of about 47 (some duplicates have been removed)